Boyd Gaming (BYD) to Release Quarterly Earnings on Thursday

Boyd Gaming (NYSE:BYD) is expected to issue its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $1.97 per share and revenue of $1.0423 billion for the quarter. Parties can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:00 PM ET.

Boyd Gaming (NYSE:BYD) last posted its quarterly earnings data on Thursday, February 5th. The company reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.33. Boyd Gaming had a net margin of 45.05% and a return on equity of 30.14%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm posted $1.96 earnings per share. The company’s revenue was up 2.0% compared to the same quarter last year. On average, analysts expect Boyd Gaming to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Boyd Gaming Stock Up 0.7%

Shares of NYSE BYD opened at $88.11 on Tuesday. Boyd Gaming has a 52-week low of $63.33 and a 52-week high of $89.96. The company has a quick ratio of 0.52, a current ratio of 0.54 and a debt-to-equity ratio of 0.78. The company’s 50-day simple moving average is $83.53 and its 200-day simple moving average is $83.42. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 3.87, a price-to-earnings-growth ratio of 1.85 and a beta of 1.19.

Boyd Gaming Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 16th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 16th. This is an increase from Boyd Gaming’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%. Boyd Gaming’s payout ratio is currently 3.52%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BYD shares. UBS Group set a $110.00 price target on Boyd Gaming in a research note on Wednesday, December 24th. Stifel Nicolaus upped their target price on shares of Boyd Gaming from $90.00 to $95.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Boyd Gaming in a research note on Monday, December 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boyd Gaming in a research note on Wednesday, December 24th. Finally, Mizuho set a $100.00 price objective on shares of Boyd Gaming in a report on Monday, February 2nd. Five investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $92.75.

Insiders Place Their Bets

In related news, insider Stephen S. Thompson sold 19,530 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $83.59, for a total value of $1,632,512.70. Following the completion of the transaction, the insider directly owned 22,009 shares in the company, valued at approximately $1,839,732.31. This represents a 47.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Josh Hirsberg sold 23,924 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $85.86, for a total value of $2,054,114.64. Following the sale, the chief financial officer directly owned 435,746 shares of the company’s stock, valued at approximately $37,413,151.56. This trade represents a 5.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 73,454 shares of company stock valued at $6,231,827 over the last ninety days. Company insiders own 22.82% of the company’s stock.

Institutional Trading of Boyd Gaming

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. lifted its holdings in shares of Boyd Gaming by 56.8% in the 1st quarter. Advisors Asset Management Inc. now owns 541 shares of the company’s stock worth $36,000 after acquiring an additional 196 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Boyd Gaming by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 9,623 shares of the company’s stock valued at $628,000 after buying an additional 1,172 shares during the period. Caxton Associates LLP acquired a new position in Boyd Gaming during the 1st quarter worth about $207,000. M&T Bank Corp acquired a new position in Boyd Gaming during the 2nd quarter worth about $229,000. Finally, Amundi grew its position in Boyd Gaming by 14,719.0% in the 2nd quarter. Amundi now owns 3,112 shares of the company’s stock valued at $253,000 after acquiring an additional 3,091 shares in the last quarter. 76.81% of the stock is owned by institutional investors and hedge funds.

Boyd Gaming Company Profile

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.